Super Micro Computer Advances After JPMorgan Upgrade

MT Newswires Live
22 Mar

Super Micro Computer (SMCI) was hanging on to most of its 9% gain on Friday after JPMorgan upgraded the company to neutral from underweight and raised its price target to $45 from $35.

Trading volume reached over 55.7 million shares intraday, versus a daily average volume of 71.4 million.

Super Micro shares recently were 7.2% higher.

Price: 41.93, Change: +2.83, Percent Change: +7.24

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